By Emmanuella Anokam
The Midstream and Downstream Gas Infrastructure Fund (MDGIF) has concluded discussions with leading Chinese manufacturer, Endurance Group, to build 500 Compressed Natural Gas (CNG) refuelling stations across Nigeria over the next three years.
Mr Oluwole Adama, Executive Director of the Midstream and Downstream Gas Infrastructure Fund (MDGIF), disclosed this on Sunday after a meeting with the firm.
Adama said the discussion centred on the creation of a government-backed Special Purpose Vehicle (SPV) to be promoted by the MDGIF, the Bank of Industry (BOI), Endurance Group and Séquor Investment Partners.
“The collaboration underscores the parties’ commitment to accelerating Nigeria’s transition to cleaner fuels by addressing infrastructure gaps across the country’s CNG value chain.
“Under this agreement, we will set up the Compressed Natural Gas Auto Mobility Infrastructure Company (CAM InfraCo), which will be used to deploy 500 integrated CNG refuelling stations.
“We will develop Liquified CNG gas supply infrastructure and provide CNG and LNG transportation trucks with truck-mounted cascades, forming a virtual pipeline across all states nationwide,” Adama said.
He said the project would help ease the long queues currently being experienced at existing CNG filling stations by expanding access to refuelling points and ensuring consistent supply through improved logistics and distribution systems.
Similarly, the Senior Special Adviser to the President on Special Duties and Domestic Affairs, Mr Oluwatoyin Subair, said the project aligned with President Bola Tinubu’s vision for strengthening national energy security.
Subair said the President’s plan aimed to deepen the use of auto CNG and reduce overdependence on Premium Motor Spirit (PMS) and diesel, especially in the transportation sector.
He added that the initiative supports the administration’s broader economic reforms geared towards promoting cleaner and more affordable energy alternatives, while creating new employment opportunities within the domestic gas value chain.
Also speaking, the CEO of Endurance Group, Mr Eric Lin, said the objective of the SPV was to establish a nationwide CNG refuelling, maintenance and logistics ecosystem.
According to him, it aims to lease CNG-related equipment to certified operators while ensuring a consistent and reliable gas supply through a world-class virtual pipeline network.
CAM InfraCo’s leasing and logistics strategy is designed to deliver a commercially viable and resilient national CNG refuelling network.
The strategy focuses on moving CNG from strategically located mother stations to underserved northern corridors and rapidly growing southern clusters.
It will leverage existing hubs and planned infrastructure to support sustainable and cost-effective market expansion across the country.
(NAN)
Edited by Bashir Rabe Mani
